Atlas, a Vienna, Austria-based 3D generative AI platform, has emerged from stealth mode with $6 million in seed funding.
SaaS Investors
The funding rounds include $4.5 million led by 6th Man Ventures and a $1.5 million round led by Collab+Currency, with participation from a16z Scouting Fund via Shrapnel, Contango, Gaingels, GFR Fund, New Renaissance Ventures, Square Enix, and Wagmi Ventures.
Additional participants in the funding rounds include Flamingo DAO, Founders Inc., Landvault, Monaverse, Neon DAO, and Slope Fund.
Founded in 2022, 6th Man Ventures is a venture capital firm based in New York, New York. The firm seeks to invest in companies operating in the crypto, tech infrastructure, media, entertainment, art, and games sectors.
Collab+Currency is a venture capital firm that prefers to invest in early-stage companies operating in the cryptocurrency, infra, DEFI, art & culture, gaming, extended reality, and DAOs sectors. Founded in 2018, and is based in Eugene, Oregon.
Atlas Use of Funds
The company plans to use the funds to expand its suite of developer solutions and build out a self-service 3D AI creator platform. The platform, currently available for enterprise and commercial use, aims to open alpha testing for a public platform in the coming months.
About Atlas
Founded in early 2021 by Ben James, Atlas is a 3D generative AI platform that partners with game developers and brands to create virtual worlds and experiences in a fraction of the time. The company's suite of AI products helps enterprise and next-gen creators generate custom, IP-specific assets for video games, virtual ecosystems, and XR experiences. Atlas is headquartered in Vienna, Austria, and deployed worldwide.
Funding Details
Company: Atlas
Raised: $6.0M
Round: Seed Round
Funding Month: November 2023
Lead Investors: 6th Man Ventures, Collab+Currency
Additional Investors: a16z Scouting Fund via Shrapnel, Contango, Gaingels, GFR Fund, New Renaissance Ventures, Square Enix, Wagmi Ventures, Flamingo DAO, Founders Inc., Landvault, Monaverse, Neon DAO and Slope Fund
åCompany Website: https://atlas.design/
Software Category: 3D Generative AI Platform
Source: https://www.prnewswire.com/news-releases/atlas-raises-6m-to-launch-3d-generative-ai-platform-accelerating-the-future-of-gaming-and-virtual-worldbuilding-301986918.html